The Best New Construction Condos in Miami with A $2M Budget

New Construction Condos in Miami with A $2M Budget. We have written many articles on the best new construction condos around Miami. None of them, however, focused on a specific budget. Therefore, this article focuses on the best new Miami condos under $2M. With a budget between $1M and $2M, you are most likely to be focusing on Brickell, Downtown, or the Bay Harbor Islands.

Below, you’ll see a list of the best condos that are up for sale in this price range. Remember, this article is just the beginning to help you figure out what you can get with your budget. If you want to know about all the condos available in your favorite areas, please give us a call. We hope you enjoy reading this article and that it’s helpful. And don’t forget to check out our final thoughts and a little bit about why you should consider working with us when you’re buying a new condo in Miami. For more information about the different condos, we offer links in the table as well as below each section.

The Continuum Club and Residences

The Continuum Club and Residences, developed by Bruce Eichner, offers a boutique luxury living experience on North Bay Village’s 1755 JFK Causeway. This high-end condominium project features 32 floors with 198 units ranging from 850 to 4,000 square feet, including 1 to 3-bedroom options with dens. Prices start at $1,100 per square foot, with units ranging from $1.5 million to $3.8 million. Its highlights are:

• Location: Positioned on a revitalizing residential island between Miami and Miami Beach, North Bay Village is undergoing significant development, including new residential units, commercial spaces, a hotel, and extensive public amenities.
• Developer: Bruce Eichner, known for the successful Continuum on South Beach, aims to replicate this success by transforming undervalued areas into high-value properties.
• Residences: Featuring spectacular water and city views, the Continuum offers high ceilings, bay lofts, and floor plans designed for optimal outdoor living. The 01 line, with expansive wraparound terraces and 2,000 square feet of space, and the 04 line, with large terraces facing north, are particularly notable.
• Amenities: The development boasts resort-like amenities including a public restaurant, pickleball courts, pools, fitness centers, a yoga studio, a spa, and a sunset dining pavilion, providing a luxurious, five-star experience.
• Prime Waterfront Views: Each unit offers stunning views of the bay and city.
• Luxury Amenities: Extensive, resort-style amenities enhance the living experience.

Icon Beach Residences Hollywood

Icon Beach Residences in Hollywood blend luxury and tranquility with stunning ocean and Intracoastal views, featuring 1-3 bedroom units with expansive balconies, upscale kitchens, and spa-inspired bathrooms. Amenities include a marina, full-service beach club, 40,000 square feet of outdoor luxuries, a health club, and spa, crafted by top developers and designers.

Solina Bay Harbor Islands

Solina Residences at Bay Harbor Islands epitomize affordable luxury with spacious units starting at $900 per sq. ft., featuring 9-ft ceilings, high-end appliances, and ample outdoor spaces. Positioned for convenience, Solina offers easy access to premier retail and beaches. Each residence includes two parking spaces and storage, with the penthouse boasting a private pool and rooftop terrace. Enhanced by tranquil design elements, this boutique condo promises both serenity and sophistication. Completion is anticipated by Q4 2025.

The Well Bay Harbor Islands

Nestled in the serene Bay Harbor Islands, THE WELL Bay Harbor Islands offers a transformative retreat from Miami’s hustle, seamlessly blending holistic well-being with luxury living. The development features 54 custom-designed condominiums and over 22,000 sq. ft. of amenities, including a state-of-the-art fitness and wellness center. Each residence is crafted to enhance tranquility with spacious, light-filled layouts, natural materials, and wellness features like built-in aromatherapy, air purification, and red light therapy. Residents enjoy access to Miami’s first caldarium, a halotherapy steam room, a rejuvenating saunarium, and an array of wellness services and exclusive events, fostering a balanced lifestyle rooted in modern and ancient healing practices.

Five Park Miami Beach

Five Park is located at 500 Alton Rd in Miami Beach just steps from the prestigious South of Fifth. The site pairs a residential building with 48 floors with an expansive three-acre public park. Tasteful retail and the creation of an art-inspired bridge make the South of Fifth community a walkable wonderland surrounded by pristine waters.

The condo provides amenities that underscore the importance of living well and wellness. On-site work spaces, thoughtfully designed fitness areas, pools with sweeping views of the Florida coastline, events and areas designated for families, and units designed to accommodate your every need invite you to embrace the transformative nature of a place like Five Park. The project is scheduled for completion in Q1 of 2024.

The larger residences will start from the 27th floor and up. Below the 27th floor, the building offers 1-3 bedroom-smaller units, which will also have a separate elevator entrance. These are the condos that are featured in this blog.

Cipriani Residences Brickell

The Cipriani Residences are set to bring some Venetian flair, and top-notch hospitality to the Brickell area. This project is located in the south part of Brickell and offers large floor plans with 1-4 bedrooms. The smaller units come with a den. All units have 10ft ceilings, curved lines, and custom finishes and furnishings. Given the extensive millwork and warm wood tones, you will feel a greater sense of warmth and grandeur throughout the building, from entering the grand lobby to the residence’s kitchen cabinetry. Important to know is that Cipriani is located in a less busy part of Brickell while being close enough to the action. In addition, hospitality-branded condos have historically outperformed non-branded towers. For more information please read our independent review.

Cipriani is one of our Top 10 new condo projects in all of Miami. Please read our independent review of this project to learn more.

Casa Bella

Casa Bella will be coming to the Downtown area in 2026. The project offers 1-4 bedroom residences. This project is a collaboration between some very established names in the Miami real estate industry. The Terra Group (Development), Arquitectonica (Architect), and Lissoni Partners (Design) have previously been involved in some very high-quality projects that have performed very well. At Casa Bella, all residences feature two private elevators and a private vestibule. Most units enjoy spacious pass-through layouts with soaring 10-foot ceilings and breathtaking views of Biscayne Bay, Miami’s downtown skyline, and stunning sunsets from the west.

La Baia North on the Bay Harbor Islands

La Baia is located on the Bay Harbor Islands. This is the second tower in the project, which will be a truly boutique new condo project. La Baia North  will feature 68 luxurious, one- to four-bedroom residences spanning between 1,125 to 2,500 square feet. A true boutique condo. While residences have 9′ ceilings the penthouses mentioned below will feature 10′ ceilings. All residences are delivered fully-finished
 with wide-plank, imported European wood flooring and floor-to-ceiling, impact-resistant sliding glass doors and windows.

The Bay Harbor Islands are located in the Intracoastal waters between Bal Harbour and Miami proper. La Baia North is less than a 5-minute walk to the Atlantic Ocean’s sandy beaches, the world-renowned Bal Harbour Shops, convenient neighborhood services, and an array of dining and entertainment options. Due to its ideal waterfront location, La Baia North is thoughtfully designed for premiere outdoor entertainment and enjoyment. When working with a $2M budget, this is the only luxury condo that offers penthouses for that price range.

David’s Conclusions on New Construction Condos in Miami with A $2M Budget

What is ultimately your best option depends on the precise budget and your preferred floor plan. Please give me a call to discuss what you are looking for. As mentioned, I have not only been to these projects but toured them with clients and studied the floor plans and other variables. You will notice that ‘beachfront’ new construction does not come under $2m at all in Miami. It may be possible to get new construction beachfront by moving North into Broward, but most likely you would have to focus on older Condos for this budget. 

Why Work with us?

We enjoy full super-broker status with most of the developments. This means we get first access to information and inventory. As super brokers, we enjoy all the benefits of having this status but by using us you still get independent advice. Our group is not limited to just one project and is therefore providing you with what the entire market has to offer. We provide you with the pros and cons of the location and the floor plans and will compare prices with other new and resale condos. There are subtle nuances when it comes to buying pre-construction and therefore you must work with an independent agent who has 17+ years of experience in selling pre-construction. We know the reputation of developers, we know what to look out for and we know what questions to ask.

I have sold hundreds of new construction condos and resale condos over my career. I have provided independent advice about the new condo market for over a decade and I have observed consistent patterns and trends over that time. My experience will not only guide you towards the best unit but also protect you from terrible mistakes. I challenge you to quiz me on any building in any market. I will honestly give you the good, the bad, and the ugly no matter what the cost.

Schedule time with David (In Person or via Zoom)